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Indicate with an "X" the financial statement column (income statement Dr, balance sheet Cr, etc.) to which each balance should be extended.

Indicate with an "X" the financial statement column (income statement Dr, balance sheet Cr, etc.) to which each balance should be extended.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following selected accounts appear in the adjusted trial balance columns of the worksheet for Goulet Company. Indicate with an "X" the financial statement column (income statement Dr., balance sheet Cr., etc.) to which each balance should be extended. Accumulated Depreciation-Equipment Account Depreciation Expense Common Stock Dividends Service Revenue Supplies Accounts Payable Income Statement Dr. X XV Cr. X V < Dr. Balance Sheet < Cr. XV x v X V
Transcribed Image Text:The following selected accounts appear in the adjusted trial balance columns of the worksheet for Goulet Company. Indicate with an "X" the financial statement column (income statement Dr., balance sheet Cr., etc.) to which each balance should be extended. Accumulated Depreciation-Equipment Account Depreciation Expense Common Stock Dividends Service Revenue Supplies Accounts Payable Income Statement Dr. X XV Cr. X V < Dr. Balance Sheet < Cr. XV x v X V
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